Yar’Adua’s budget sweetener to address ports rail link
After a prolonged delay precipitated by the global financial meltdown that distorted earlier budgetary projections, President Umaru Musa Yar’Adua is to present a 2009 budget that is N250 billion less than that of 2008.The 2009 budget is projected
PPPRA to recover excess profit from oil marketers
The Petroleum Products Pricing Regulatory Agency (PPPRA) on Tuesday directed oil marketers
More British firms eye investments in Nigeria
Apparently buoyed by the emerging business opportunities in Nigeria which are yet to be fu
Inflation accelerates to 14.7% on account of food, energy crises
Inflation which has maintained an upward trend since the beginning of the year acceleratedEconomic sector gets 43.45% of Cross River 2009 budget
The Cross River State government has allocated a total of N46, 345,121,517 or 43.45 per cent of its 2009 budget to the economic sector.
Announcing the budget proposal to t
Bead-making: Wealth creation business for all time
In the last few years, Nigerian fashion trends has zeroed in on bead-making. Unlike other fads and fashions that fizzle away after a couple of years, beaded fashion is ta
Crashed NIGCOMSAT-1 insurance costs 112m euros – Rufai
Ahmed Rufai, managing director of Nigeria Communication Satellite Limited (NigComSat), yesterday, told the House Committee on Science and Technology that the crashed sate
Developing micro-insurance through co-operative societies
It is no longer contestable that poverty laden countries in Africa including Nigeria needs micro insurance to support low income earners and small scale businesses in the
Ailing textile industry requires ‘state of emergency,’ says MAN
Manufacturers Association of Nigeria (MAN) has urged the Senate to declare a state of emergency in the textile industry, so as to avoid its total collapse.
Vice presid
Customs intercepts 27 containers over wrong declaration
Nigeria Customs Service Tin Can Island Command has intercepted 27 containers, carrying 54 vehicles wrongly declared for the purpose of evading duty payment.
The 40-foote
From comrade to governor
A test case on workers' participation in democratic governance is unfolding in Edo State. At the centre of this unfolding opportunity to make positive history is no l
Market rebounds as stockbrokers seek review of margin funds
The stock market seemed to have successfully crossed to the bulls territory going by latest trend. At the close of trading Tuesday, market capitalization had moved from a
Financial crisis as threat to non-oil sector growth projection
The effects of the global financial crisis may threaten Nigeria’s growth projection in 2009, expected to be driven by improvements in the non-oil sector.
In its World
NIPCO Plc set to pioneer CNG as vehicular fuel
Chairman of NIPCO plc, an oil marketing company, Bestman Anakwe, has unveiled the company’s readiness to pioneer use of Compressed Natural Gas [CNG] as a vehicular fue
Financial crisis: ‘Mortgage banks should do proper risk assessment in lending’
As the global financial crisis continues to dominate discussions on the global economy, Anthony Owuye, an economist and mortgage banker, analyses the crisis and suggestOceanic Bank dangles education finance product
As part of efforts to encourage individuals to tap into the huge opportunities abound in its many products, Oceanic Bank International plc has come out with another that
Nigerian airports more secure with PPP
To ensure safety and security of air travellers at airports across the country, there is the need to evolve the Private Pubic Partnership (PPP) throughout airports in Nig
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Reps to meet Yar’Adua, finance ministry over $3bn World Bank loan
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